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The market's positive open follows four consecutive days of losses in the final trading days of 2024. Still, the S&P 500 surged 23% to notch back-to-back annual gains of over 20%.
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says. In commodities, bonds, and crypto: West Texas Intermediate crude inched lower to $68.46 a barrel.
US stocks were up on Friday as the market headed for a weekly gain. The US dollar, meanwhile, surged to its highest since November 2022. Earnings season has nearly concluded with 77% of S&P 500 ...
Declines in Nvidia and Adobe stock weighed on the Nasdaq, while bond yields rose. Indexes closed lower on Thursday, dragged by tech stocks after the latest inflation report came in warmer than ...
The mixed results come on the second day of a Santa Claus rally, the last five trading days of the year and first two in January. Meanwhile, new jobs data shows continuing claims have surged to a ...
Tesla stock surged 7% to hit a $1 trillion market cap on Friday for the first time since April 2022. Traders betting against clean-energy stocks have made $1.3 billion since Trump's election win.
The bond market sold off Monday in response, and the 10-year Treasury yield jumped 11 basis points to hover at 4.2% on Tuesday. On Tuesday. That marks the key bond yield's highest level in three ...
Major stock indexes surged to record highs on Thursday, a day after a jumbo rate cut from the Federal Reserve. The S&P 500 and the Dow Jones Industrial Average both closed at fresh all-time highs ...